Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.12 is 10% above its 5-year average of 0.11, near the low end of its 5-year range (0.00–2.01).
As of the fiscal period ended Tuesday, June 30, 2026. 41.69% below its 12-month average of 0.20.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.12.
QUICK RATIO (ACID-TEST)
0.12
QUICK RATIO (ACID-TEST) AVG TTM
0.20
QUICK RATIO (ACID-TEST) AVG 3Y
0.18
QUICK RATIO (ACID-TEST) AVG 5Y
0.11
QUICK RATIO (ACID-TEST) AVG 10Y
0.06
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-41.69%
CURRENT VS 3Y AVG
-35.04%
CURRENT VS 5Y AVG
+10.12%
CURRENT VS 10Y AVG
+86.68%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
-91.32%
vs the sector median at left
Greenwave Technology Solutions, Inc.
Market Cap
$1.99M
Quick Ratio (Acid-Test)
0.12
TTM Avg
0.20
3Y Avg
0.18
5Y Avg
0.11
Market Cap
$1.97M
Quick Ratio (Acid-Test)
1.51
TTM Avg
1.48
3Y Avg
1.19
5Y Avg
1.14
Market Cap
$1.94M
Quick Ratio (Acid-Test)
2.39
TTM Avg
2.04
3Y Avg
1.72
5Y Avg
1.58
Market Cap
$1.91M
Quick Ratio (Acid-Test)
1.62
TTM Avg
1.59
3Y Avg
1.39
5Y Avg
1.16
Market Cap
$2.13M
Quick Ratio (Acid-Test)
1.78
TTM Avg
5.68
3Y Avg
3.84
5Y Avg
3.37
Market Cap
$2.15M
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.74
3Y Avg
0.75
5Y Avg
0.80
Market Cap
$1.84M
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.96
3Y Avg
1.94
5Y Avg
1.90
Market Cap
$1.84M
Quick Ratio (Acid-Test)
0.13
TTM Avg
0.27
3Y Avg
2.19
5Y Avg
1.78
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Greenwave Technology Solutions, Inc. (GWAV) | $1.99M | 0.12 | 0.20 | 0.18 | 0.11 |
| Jayud Global Logistics Limited (JYD)vs › | $1.97M | 1.51 | 1.48 | 1.19 | 1.14 |
| Galaxy Payroll Group Limited (GLXG)vs › | $1.94M | 2.39 | 2.04 | 1.72 | 1.58 |
| Erayak Power Solution Group Inc. (RAYA)vs › | $1.91M | 1.62 | 1.59 | 1.39 | 1.16 |
| Mint Incorporation Limited (MIMI)vs › | $2.13M | 1.78 | 5.68 | 3.84 | 3.37 |
| Professional Diversity Network, Inc. (IPDN)vs › | $2.15M | 0.78 | 0.74 | 0.75 | 0.80 |
| Megan Holdings Limited Ordinary Shares (MGN)vs › | $1.84M | 1.81 | 1.96 | 1.94 | 1.90 |
| Nauticus Robotics, Inc. (KITT)vs › | $1.84M | 0.13 | 0.27 | 2.19 | 1.78 |
| Rubico Inc. (RUBI)vs › | $1.76M | 1.11 | 0.47 | 0.41 | 0.35 |
| Ping An Biomedical Co., Ltd. (PASW)vs › | $2.28M | 2.74 | 1.79 | 1.35 | 1.22 |
Quick Ratio
0.12
Excludes inventory
Current Ratio
0.23
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-06-30 | 0.12 |
| 2026-03-31 | 0.13 |
| 2025-12-31 | 0.11 |
| 2025-09-30 | 0.20 |
| 2025-06-30 | 0.45 |
| 2025-03-31 | 0.40 |
| 2024-12-31 | 0.23 |
| 2024-09-30 | 1.36 |
| 2024-06-30 | 2.01 |
| 2024-03-31 | 0.08 |
| 2023-12-31 | 0.11 |
| 2023-09-30 | 0.13 |
| 2023-06-30 | 0.05 |
| 2023-03-31 | 0.03 |
| 2022-12-31 | 0.06 |
| 2022-09-30 | 0.17 |
| 2022-06-30 | 0.02 |
| 2022-03-31 | 0.05 |
| 2021-12-31 | 0.05 |
| 2021-09-30 | 0.00 |
| 2021-06-30 | 0.00 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.00 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.01 |
| 2018-12-31 | 0.01 |
| 2018-09-30 | 0.01 |
| 2018-06-30 | 0.03 |
| 2018-03-31 | 0.46 |
| 2017-12-31 | 0.09 |
| 2017-09-30 | 0.10 |
| 2017-06-30 | 0.04 |
| 2017-03-31 | 2.54 |
| 2016-12-31 | 0.22 |
| 2016-09-30 | 0.08 |
| 2016-06-30 | 0.09 |
| 2016-03-31 | 0.56 |
| 2015-12-31 | 2.26 |
| 2015-09-30 | 0.65 |
| 2015-06-30 | 2.39 |
| 2015-03-31 | 0.64 |
| 2014-12-31 | 0.25 |
| 2014-09-30 | 194.45 |
| 2014-06-30 | 1235.54 |
| 2014-03-31 | 65.02 |
| 2013-12-31 | 44.03 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
